Post
Topic
Board Mining speculation
Re: Bitcoin price & difficulty
by
LiteCoinGuy
on 09/12/2014, 17:25:35 UTC
I just have a funny feeling that if bitcoin's price keeps falling and difficultly keeps rising that alot of miners including myself will stop mining and goto alt coins instead. The difficulty did drop recently but the price of Mining vs the cost of electricity to some that don't have it free will cause negative profits. I know I will get some hate posts or just be ignored, but I can just fell it coming. Also think this is caused by alot of businesses mining that have hug amounts of mining power. And no I don't do the solo thing I use p2pool but that's not the point.

The same thing is happening to the alt coins my friend.  You're not the first person to come up with the idea to stop mining bitcoin.   Wink


but Gaw-Scam is still a good investment...i think  Roll Eyes  Tongue